Landsea Green posts 460m yuan profitBusiness | 19 Aug 2019 4:21 pm
Mainland developer Landsea Green (0106) said net profit for the first half grew by 25 percent year-on-year to 460.7 million yuan (HK$512.86 million).
It also announced a change of the comapny's name to Landsea Green Properties.
Revenue grew by 3.6 percent from a year ago to 2.09 billion yuan.
The company secured 16 projects, of which eight were in the China and eight were in the United States. It had project reserves with a gross floor area of 6.72 million square meters and expects saleable value of 122 billion yuan.